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Dr Reddy's Laboratories Ltd. Q1 Income Falls

Dr Reddy's Laboratories Ltd. (DRREDDY) announced a profit for first quarter that declined from last year.

The company's earnings came in at $77 million, or $0.46 per share. This compares with $88 million, or $0.53 per share, in last year's first quarter.

The company's revenue for the quarter rose 14.9% to $585 million from $509 million last year.

Dr Reddy's Laboratories Ltd. earnings at a glance:

-Earnings (Q1): $77 Mln. vs. $88 Mln. last year.
-EPS (Q1): $0.46 vs. $0.53 last year.
-Revenue (Q1): $585 Mln vs. $509 Mln last year.

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